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17/06/2026
On Tuesday's New York trading session, the offshore Renminbi against the US dollar was reported at 6.7566, up 27 basis points from Monday's New York session, trading in a range of 6.7635-6.7551 during the day.
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3 m ago
WTI crude oil broke through $76 per barrel, rising 0.97% within the day.
4 m ago
Core Pacific Yamaichi International has successfully applied for an IPO in Hong Kong to issue 12.8 million shares. The price range for the issuance is between HK$240.09 and HK$252.73 per share. The stocks are expected to be priced on June 24th and trading will commence on June 26th.
4 m ago
According to CNBC, the Federal Reserve will release its latest dot plot on Wednesday, showing officials' expectations for interest rate trends. However, most Wall Street Fed watchers expect that the new Fed Chair, Powell, will not participate, either because he may feel unprepared or simply because he dislikes the dot plot. Powell has previously expressed opposition to dot plots and other forward guidance methods, believing they limit the Fed's decision-making ability. If Powell refuses to provide dot plot expectations, it would go against the Fed's practice for about 14 years after the financial crisis and could potentially distance him from other Fed officials who support this communication method. However, for Powell, who has committed to fundamental reforms in the Fed's operations, this may be an effective first step. "In my view, he may not want to submit interest rate forecasts," said Bill English, former head of monetary policy at the Fed and current professor at Yale University. "There may be others in the committee who also don't like the dot plot and may be willing to do the same." (The image shows the dot plot released by the Fed in March of this year).
5 m ago
Leadin Technologies (01688.HK) will start a public offering from June 17th to 23rd, planning to globally sell approximately 812 million H shares.
8 m ago
Chilean Central Bank: The current macroeconomic outlook is facing higher than usual uncertainty.
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